Market Size of North America Feed Phytogenics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.30 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Feed Phytogenics Market Analysis
The North America feed phytogenic market is projected to register a CAGR of 3.3% during the forecast period 2020-2025. Feed phytogenics are a group of natural growth promoters derived from essential oils, herbs and species and plant extracts. These additives help in increasing the feed intake, act as a stimulant to digestion, provide immunity and stimulate bone and muscle development. There has been an increase in high quality feed production due to the industrialization of meat production. Growing prevalence of diseases such as swine flu, mad cow disease, bird flu and listeriosis have increased the concern to use additives in animal feed to maintain the wellbeing of farm animals. This is acting as a driver to the phytogenics market.
